Business

PM moots forming Shariah Compliant Commission to control halal industry

Datuk Seri Ismail Sabri Yaakob says move could make M’sia main reference model in the sector

Updated 4 years ago · Published on 30 May 2022 1:16PM

PM moots forming Shariah Compliant Commission to control halal industry
In his keynote address at the Tun Abdullah Ahmad Badawi Lecture today, Prime Minister Datuk Seri Ismail Sabri Yaakob says currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara Malaysia and the Securities Commission, while the Islamic Development Department regulates the halal industry. – The Vibes file pic, May 30, 2022

PUTRAJAYA – Regulation of the halal industry in the country can be consolidated through the establishment of a Shariah Compliant Commission, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

In his keynote address at the Tun Abdullah Ahmad Badawi Lecture today, Ismail Sabri said currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara Malaysia and the Securities Commission, while the Islamic Development Department regulates the halal industry.

“As such, more comprehensive regulations can be consolidated, for example through the establishment of a Shariah Compliant Commission.

“I urge that this recommendation be given due attention so that the aspiration to make Malaysia the main reference model in the field of halal economy can be realised,” he said here.

Also present at the event were Public Service Department director-general Datuk Seri Mohd Shafiq Abdullah, Tun Abdullah Ahmad Badawi Legacy Association chairman Datuk Jefridin Atan and Universiti Kebangsaan Malaysia vice-chancellor Prof Datuk Mohd Ekhwan Toriman. – Bernama, May 30, 2022

Related News

Malaysia / 2y

Court frees blogger of offensive video charge

Malaysia / 2y

Lokman Adam’s trial for remarks against Ismail Sabri to begin on Oct 9

Malaysia / 3y

Dust yourself off, work hard to woo public, Umno leaders urge Youth

Business / 3y

Malaysia, Indonesia to boost trade, investment, halal ties

Sports & Fitness / 3y

Sports can’t rely on ad hoc plans: Hannah on previous govt’s drag track idea

Malaysia / 3y

Lokman Adam’s trial on offensive Facebook posts to begin in Sept

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

Oil falls for fourth day as Hormuz supply fears ease

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure